The downturn in the euro zone's vast private sector economy eased slightly towards the new year thanks to an upturn in Germany, although the region still looks firmly on course for recession, surveys showed on Wednesday.
The euro's having a good day for a change. Here's why, and how to trade the shift in mood.
In 2011 investors had a lot to worry about. The euro zone crisis, credit rating downgrades, slowing growth, crisis in North Africa and the tragic nuclear and natural disasters which hit Japan all led to a relentless 12 months of market volatility.
UK chief financial officers (CFOs) see the break - up of the European single currency as the greatest threat to their businesses in 2012, a survey from the accountancy firm Deloitte showed on Tuesday.
The euro has been getting slammed, and this strategist sees the tough times continuing - but not for too long.
The euro stays weak, the yen gets a lift, and Poland makes a move - it's time for your year-end FX Fix.
There was a wide-ranging change of the guard in Europe in 2011. In 2012, there could be an even bigger shift, with several key countries facing possible changes at the top.
Yield on the Italian 10-Year is up some 7% ahead of Thursday's bond auction, with CNBC's Melissa Lee, Bob Pisani & Carl Quintanilla.
The global markets. European stocks rise to a two-week high, although volume is extremely light heading into the holiday. Moody's keeps Austria's AAA rating with a stable outlook. Ten-year Italian bonds remain near 7 percent -- Italy will hold a series of bond auctions next week. Greece must decide whether it will take a 70- or 50-percent haircut. And a decision on European downgrades will come in January, according to S&P. With Dan Greenhaus, BTIG chief global strategist, and Stephen Weiss, Short Hill Cap
U.S. futures are up the last trading day before Christmas and a day after the House agrees to accept Senate terms on the payroll tax cut. In Europe, the markets rally into the holidays. The euro is slightly up against the dollar.
What does 2012 hold for the world economy? Will it fall into a double dip recession? Will the euro zone take us all down with it? While acknowledging that predicting what will happen next year is a dangerous business, economist and founder of Strategy Economics Matthew Lynn decided to try anyway.
For the first time in our survey, not one newsmaker emerged a winner. See how President Obama, Bernanke, Brian Moynihan and others fared.
What were the biggest business stories of the year? Many a journo-hotshot will be glad to tell you. But here at CNBC.com, we like when our readers tell us what interests you.
European shares slide as the ECB's Draghi says nothing about bond buying in speech. The ECB's Constancio says a euro zone breakup is unthinkable. Spain's incoming PM wants to reduce the deficit by $21.6 billion. Saab plans to liquidate after a Swedish court accepts its bankruptcy application. Oil stocks fall on weak economic recovery. And ratings agency Fitch says it's skeptical about Europe's ability to tackle its debt crisis. With Keith McCullough, Hedgeye Risk Management.
The brawl has made for cracking entertainment. It's been a super-fun read. But it's time for government officials in the United Kingdom and France to shut their traps and get their heads back into the game of saving the euro zone's economy.
U.S. futures are up following yesterday's gains. European shares rise, led by mining stocks. Fitch downgrades Goldman Sachs, Deutsche Bank, Credit Suisse, BNP Paribas and Barclays. The euro is off its 11-month low. Italian PM Monti faces a confidence vote on a 33 billion euro austerity package. And gold rebounds while crude stays steady. In Asia, better-than-expected U.S. economic data lifts the markets in a mixed session.
European markets have a mostly green day after upbeat U.S. economic data -- insurance stocks are among the day's best performers. Credit Agricole falls after Fitch downgrades its long-term rating. Italy calls for a Friday confidence vote in effort to speed up austerity passage. And the IMF's Christine LaGarde says the world economic outlook is "quite gloomy" and requires action by countries outside the EU. Henry McVey, KKR head of global macro and asset allocation, discusses his investment strategy for a tu
As we seek your votes on this year's candidates, you’ll note that we have few repeats from 2010 and only one person who also made our inaugural list of 2009.
Italy's government has called for a vote of confidence on an austerity package aimed at persuading markets that Italy can get its finances under control to emerge from the spiraling debt crisis.
European markets rebound, although euro zone concerns remain. Manufacturing data continues to contract. Meanwhile, Spain finds strong demand for bonds even as yields on the 5-year fall. And the euro hits an 11-month low against the dollar.